The central bank of Vietnam lowered its benchmark refinancing rate by to 4.5% from 5% on May 12th 2020, aiming to minimize the impact of COVID-19 epidemic on the economy.

Interest Rate in Vietnam averaged 7.15 percent from 2000 until 2020, reaching an all time high of 15 percent in June of 2008 and a record low of 4.50 percent in May of 2020. This page provides the latest reported value for - Vietnam Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Vietnam Interest Rate - values, historical data and charts - was last updated on August of 2020. source: The State Bank of Vietnam

Interest Rate in Vietnam is expected to be 4.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Interest Rate in Vietnam to stand at 4.00 in 12 months time. In the long-term, the Vietnam Interest Rate is projected to trend around 4.25 percent in 2021 and 4.75 percent in 2022, according to our econometric models.

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Vietnam Interest Rate

Actual Previous Highest Lowest Dates Unit Frequency
4.50 4.50 15.00 4.50 2000 - 2020 percent Daily

Vietnam Money Last Previous Highest Lowest Unit
Interest Rate 4.50 4.50 15.00 4.50 percent [+]
Interbank Rate 1.76 1.84 19.77 1.66 percent [+]
Money Supply M0 1085018.14 977907.00 1085018.14 55.00 VND Billion [+]
Money Supply M1 2174032.77 1982009.00 4613262.00 109.00 VND Billion [+]
Money Supply M2 9211848.05 8192548.00 9211848.05 112.00 VND Billion [+]
Foreign Exchange Reserves 82842.80 81413.40 82842.80 878.30 USD Million [+]
Deposit Interest Rate 4.98 4.74 22.04 3.65 percent [+]


Vietnam Interest Rate
In Vietnam, interest rates decisions are taken by The State Bank of Vietnam. The official interest rate is the Refinancing Rate.